Philips has announced the appointment of Harshavardhan Chitale as CEO of Philips Lighting solutions, South Asia, effective from 1st January, 2015. In his new role, Chitale will be based in Gurgaon and will be responsible for driving and building the Lighting Solutions business for Philips in India.
Tag: building
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Infra sector needs alternative sources of finance
Infrastructure is one of the top priorities for the Indian government. The right policy framework will give confidence to both domestic and international investors and create a competitive environment to deliver cost-effective services to end-users.
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Transport planning central to urban planning
At a time when urban mobility has emerged as a major concern and the Central government is set to launch new initiatives for building 100 smart cities and renewal of 500 cities and towns, a conference of planners, experts and other stakeholders have opined that Metro rail transport, building more roads, flyovers, elevated highways etc.,
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Well-developed infrastructure is key to development
Well-developed backward and forward infrastructure is essential for manufacturing. Building a high class infrastructure is crucial to spur growth in manufacturing sector and enhancing the competitiveness of this sector in India.
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Enthusiasm from state government is lacking
From one-stop clearance to building the right infrastructure, the Indian cold chain industry needs a big push, feels Aditya G Bafna, Executive Director, Shree Shubham Logistics Limited.
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India has the capacity to fund projects more than Rs.1 lakh crore annually
In a candid interview, finance veteran Arun Purwar, Chairman of IndiaVenture Advisors Pvt Ltd & PHL Finance, suggests that since the bond market is deep enough to take care of funding requirements of infrastructure projects, the government must encourage infrastructure fund raising through the bonds.
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MPT plans cruise terminal building
Chief Minister of Goa, Manohar Parikar recently laid the foundation stone for a cruise passenger terminal building at the Mormugao port.
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Alstom bags Rs.3,250 cr PowerGrid contract for transmission link
Alstom has been awarded Euro 400 million (Rs 3,250 crore) from Power Grid Corporation for building a transmission link between Haryana and Chhattisgarh.
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Racks of investment
At present, India is not yet ready with the concept of third party involvement for building up rail infrastructure for coal linkages. Now with the positivity which the present government has got along, investors are optimistic about fast-track solutions for coal linkage issues.
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Govt plans to upgrade Jaipur and Jodhpur airports
According to the Union Minister of State for Civil Aviation, GM Siddeshwara, Airports Authority of India (AAI) has a plan for extension of runway at Jaipur Airport. An expansion of integrated terminal building along with the construction of cargo complex